Raffles Medical Group (RMG)

RHB analyst Shekhar Jaiswal expects the group to deliver over 25% in profit growth over the next two years.

Founders of Raffles Medical Group and Credit Bureau Asia raise respective stakes, IPC Corp gets a new substantial shareholder.

The group has declared a final dividend of 2.0 cents, and adds that it expects to remain profitable in FY2021.

Dr Loo Choon Yong, chairman of Raffles Medical Group, says he has never experienced a crisis like the Covid-19 pandemic in his half a century as a healthcare professional.

PhillipCapital is maintaining its “neutral” call on Raffles Medical with a revised target price of 94 cents. This is down 5 cents or 5.05% from its previous 99 cent call, analyst Tay Wee Kuang says in a July 29 note.

Analysts are maintaining a cautious stance on Raffles Medical Group following the announcement of its 1H2020 results on July 27.

Earnings of healthcare provider Raffles Medical Group plunged 38.2% to $17.2 million for 1H2020 ended June, from $27.9 million a year ago, following the deferment of elective surgeries and a dip in foreign patients during the circuit breaker period.

Raffles Medical kept at 'neutral' as Singapore operations flatline

Raffles Medical Group (RMG) has announced earnings of $7.5 million for 1Q2020 ended March, down 45.4% y-o-y from $13.7 million.

Raffles Medical Group has caught “a common cold, not flu” say DBS analysts Rachel Tan and Andy Sim